Press Release
April 9th, 2026
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Sky Solar and Nofar USA Close Second Transaction with the Sale of Project Ironwood
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Houston, Texas — Monday, April 9, 2026 — Sky Solar LLC (“Sky Solar”), a Texas-based developer of distributed generation and community solar projects, today announced the successful closing of the sale of Project Ironwood to Nofar USA (“Nofar USA”).
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Project Ironwood is a distribution-connected solar facility located near Damon, Texas, with a planned capacity of approximately 10 MWac. The transaction follows the earlier closing of the Losack project and further demonstrates the parties’ ability to efficiently advance projects from development through Ready-to-Build (RTB) execution within ERCOT’s key load pockets.
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“We are pleased to continue advancing our relationship with Nofar USA through the successful closing of Project Ironwood,” said Doron Szportas, Partner at Sky Solar. “This transaction reflects the strength of our development platform and our ability to consistently originate and deliver high-quality RTB projects in attractive locations across Texas.”
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Sky Solar continues to advance additional projects with Nofar USA, with further transactions expected to progress in the coming months.
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About Sky Solar LLC
Sky Solar is a Texas–based developer focused on distributed generation and community-oriented solar projects that make renewable energy accessible and affordable for local communities across Texas and the U.S. Its standardized approach emphasizes siting near load, efficient land use, and transparent community engagement.
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About NOFAR
Nofar Energy is a global renewable energy independent power producer active in Israel, Europe, and the United States. The company develops, owns, and operates solar and battery storage projects across multiple markets and is publicly listed on the Tel Aviv Stock Exchange. As of December 31st, 2025, Nofar has a market capitalization of approximately $1.3 billion.
Nofar USA serves as the company’s U.S. platform and has focused on building a diversified portfolio across regulated and deregulated power markets through a combination of organic development and acquisitions.
Forward-Looking Statements: Certain statements in this release are forward-looking and involve risks and uncertainties. Actual results may differ materially. Sky Solar undertakes no obligation to update forward-looking statements.
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